Can Stacks Scale Bitcoin?

Muneeb Ali is the Co-Creator of Stacks. In this episode, we discuss whether Stacks can scale Bitcoin. Stacks can be thought of as a Bitcoin layer for smart contracts to build decentralized applications. Muneeb guides us through everything you need to know as a new DeFi user on Stacks, including the hot debate over whether Stacks is an L2 or not, how to earn BTC by stacking STX, and the massive Nakamoto upgrade which will enable trustless bridging of native BTC from the Bitcoin network directly to Stacks L2. 🙏 Thank you for your patience with Muneeb's audio. He had unfortunate challenges with his airpods recording and despite countless hours trying to improve it, we decided it was better to still publish this podcast. ------ 📺 If you prefer video, watch episodes of The Edge Podcast on YouTube: https://www.youtube.com/playlist?list=PLNzMl-Xdbc4YfQcYdy96wgTAWoMr-3b-j THIS IS NOT A RECOMMENDATION OR ENDORSEMENT TO BUY ANY TOKEN(S) RELATED TO ANY PLATFORM(S) DISCUSSED. ------ 🌲 LINKTREE FOR THE EDGE PODCAST: https://linktr.ee/edge_pod 🔎 DISCOVER DEFI & WEB3 BLOG POSTS, PODCASTS, TUTORIALS: http://defidad.com/ ✅ FOLLOW DEFI DAD ON TWITTER: https://twitter.com/DeFi_Dad ✅ FOLLOW NOMATIC ON TWITTER: https://twitter.com/Nomaticcap ------ The Edge Podcast Sponsor Resources ⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND AI-POWERED TRADING ANALYTICS POWERED BY KYBER AI 🏢 PARCL | TRADE YOUR FAVORITE CITIES WITH REAL ESTATE SYNTHETICS 🚜 OETH BY ORIGIN DEFI | AN INNOVATIVE ETH YIELD TOKEN LEVERAGING LEADING LSTS AS COLLATERAL 🏗️ MANTLE | HIGH-PERFORMANCE ETHEREUM L2 WITH MODULAR DESIGN, LOW FEES, AND HIGH SECURITY 🥑 INSTADAPP | THE NEW AVOCADO SMART CONTRACT WALLET ⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS 🚀 LIQUITY | UNSTOPPABLE ETH-BACKED STABLECOINS AND LEVERAGE 🥩 ETHER.FI | DECENTRALIZED AND NON-CUSTODIAL ETHEREUM STAKING PROTOCOL 🌊 STADER | MULTICHAIN LIQUID STAKING 🙋‍♀️ Interested to sponsor The Edge Podcast? Fill this out! ------ Topics Covered 00:00 - Intro 05:33 - Muneeb's background 11:36 - The opportunity for a Bitcoin L2 16:48 - The growth of Bitcoin network fees in 2023 24:28 - Thoughts on Ordinals 30:19 - Is Stacks an L2? 36:28 - Pros vs cons for DeFi on Stacks 41:51 - What's popular among users on Stacks? 46:18 - Utility of STX 47:48 - Reflections on crypto regulation 51:04 - Wallets and dApps to check out 52:45 - Closing ------ Guest Links Muneeb Ali on Twitter https://twitter.com/muneeb Learn about Stacks https://www.stacks.co Follow Stacks on Twitter https://twitter.com/stacks ------ 🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/ All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research.